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Fairfax to invest $5 billion more in India in next 5 years

NEW DELHI: Billionaire investor Prem Watsa proposes to invest another $5 billion in India in the next five years, doubling what he’s put in thus far, and says the country offers an “unusual opportunity,” while shrugging off slowdown worries. Hyderabad-born Watsa, often described as Canada’s Warren Buffett, said his company has invested $5 billion in the country in the past five years. He was in India for less than a day to meet Prime Minister Narendra Modi.

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